# Tech Selloff Pours Cold Water on US Markets As Nasdaq Tumbles Up to 300 Points

> Technology shares faced sharp selling pressure, dragging the Nasdaq Composite and Nasdaq 100 lower by 200 to 300 points as investors braced for major corporate earnings and key economic data.

**Type:** article · **Category:** Market · **Published:** 2026-08-25 · **Source:** TrendKia
**Canonical:** https://trendkia.com/en/market/ameriki-sheyara-bajara-men-tech-sheyaron-men-bhari-giravata-nasdaq-men-200-se-300-ankon-ki-joradara-kamajori-21572 · **Language:** English
**Tags:** US Stock Market, Nasdaq, Tech Stocks, Nvidia, Federal Reserve

The United States stock market experienced a mixed trading session overnight as treasury yields held steady and the dollar gained upward momentum. However, heavy selloffs concentrated in major technology stocks pulled down both the Nasdaq Composite and the Nasdaq 100 indexes by 200 to 300 points. Meanwhile, the S&P 500 remained under downward pressure, whereas the Dow Jones Industrial Average managed an upward trend with a cautious bias. US stock futures traded mildly higher as market participants prepared for a heavy calendar of mega quarterly earnings from prominent companies including Nvidia, Intuit, Zoom, Semtech, Dick's Sporting Goods, and Macy's. In addition, investors are keeping a close eye on upcoming economic releases, awaiting US consumer confidence figures on Tuesday and personal consumption expenditure data scheduled for Wednesday.

## Nasdaq Indexes Suffer Sharp Declines
The technology-heavy Nasdaq Composite dropped 200.26 points, or 0.8%, to finish the overnight session at 25,980.19. At the same time, the Nasdaq 100 index plunged 285.68 points, or 0.97%, to close at 29,023.18. Industry experts note that the weakness in technology shares stems from investor caution ahead of two major events slated for the week: Nvidia's earnings report following the close of the US market on Wednesday and the Federal Reserve Chair's keynote address at Jackson Hole on Friday. Both developments are anticipated to offer critical direction regarding the sustainability of the AI-led technology trade and the future trajectory of US monetary policy, according to Hariselvan Radhakrishnan, Founder & CEO of HST Wealth.

Ahead of its earnings announcement, Nvidia shares dropped by 3%. Other prominent technology giants also experienced notable pullbacks, with Micron slipping 6%, Tesla dropping 4%, Broadcom plunging 3%, AMD declining 3.5%, SpaceX slipping 1.44%, Samsung tumbling 2.14%, Intel losing 3.12%, and Sandisk crashing 6.5%. Furthermore, shares of Oracle and Palantir declined by 2% to 3% each. Nvidia is set to report its financial results at a time when market participants have raised concerns regarding potential overspending on artificial intelligence infrastructure by large technology corporations.

## Mixed Performance Across Dow Jones and S&P 500
In contrast to the tech downturn, the Dow Jones and the S&P 500 experienced fluctuating trade. The Dow Jones Industrial Average ended the session higher by 140.15 points, or 0.3%, reaching 53,417.16. On the other hand, the S&P 500 index slipped 21.51 points, or 0.3%, to close at 7,652.86. According to Joe Mazzola, Charles Schwab's Head Trading & Derivatives Strategist, major stock indexes initially dropped in early Monday trading due to the drag from technology, but they managed to pare losses following reports concerning Treasury Department liquidity plans.

## Upcoming Corporate Earnings and Economic Calendar
The trading week remains packed with significant corporate updates and macroeconomic data. Nvidia (NVDA) reports its earnings on Wednesday, followed by Marvell (MRVL) on Thursday, providing fresh snapshots of the broader AI trade. On the economic front, Personal Consumption Expenditures inflation data is due on Wednesday, alongside Federal Reserve Chairman Kevin Warsh's scheduled speech at the Jackson Hole economic symposium on Friday. Furthermore, investors will review the second estimate of second-quarter gross domestic product (GDP) on Wednesday. The initial estimate released in late July indicated annualized growth of just 1.5%, down from 2.1% in the first quarter, though consumer spending resilience remains a focal point for the market.

## What this means for you
**Broad Impact:** The tech-led selloff in US markets can influence global technology sentiment and spill over into broader investor risk appetite internationally.

## Questions & Answers

### 1. How much did the Nasdaq Composite drop?
The Nasdaq Composite dropped 200.26 points or 0.8% to end at 25,980.19.

### 2. What was the closing figure for the Nasdaq 100?
The Nasdaq 100 index plunged by 285.68 points or 0.97% to close at 29,023.18.

### 3. When is Nvidia reporting its earnings?
Nvidia is scheduled to report its quarterly earnings on Wednesday after the US market close.

### 4. How did the Dow Jones Industrial Average perform?
The Dow Jones Industrial Average ended higher by 140.15 points or 0.3% to reach 53,417.16.

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